Narbada Gems and Jewellery Balance Sheet Health
Financial Health criteria checks 5/6
Narbada Gems and Jewellery has a total shareholder equity of ₹496.4M and total debt of ₹245.0M, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are ₹771.7M and ₹275.3M respectively. Narbada Gems and Jewellery's EBIT is ₹86.1M making its interest coverage ratio 4.4. It has cash and short-term investments of ₹5.1M.
Key information
49.4%
Debt to equity ratio
₹244.97m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₹5.07m |
| Equity | ₹496.38m |
| Total liabilities | ₹275.28m |
| Total assets | ₹771.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519455's short term assets (₹717.2M) exceed its short term liabilities (₹272.4M).
Long Term Liabilities: 519455's short term assets (₹717.2M) exceed its long term liabilities (₹2.8M).
Debt to Equity History and Analysis
Debt Level: 519455's net debt to equity ratio (48.3%) is considered high.
Reducing Debt: 519455's debt to equity ratio has reduced from 55.9% to 49.4% over the past 5 years.
Debt Coverage: 519455's debt is well covered by operating cash flow (20.1%).
Interest Coverage: 519455's interest payments on its debt are well covered by EBIT (4.4x coverage).